Compensation for Costs Sample Clauses

Compensation for Costs. The Companies hereby agree to pay to the Agent, for the benefit of the Lenders, on demand, any additional amounts necessary to compensate the Lenders for any costs incurred by the Lenders in making any conversions from LIBOR Loans to Chase Bank Rate Loans in accordance with this Section 8.9, including, without limitation, breakage costs provided for in Section 8.10 of this Financing Agreement.
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Compensation for Costs. Subject to Article 17c), in the event that either Party to this Agreement is required by law to appear before any applicable regulatory authority, including the Canadian Radio-television and Telecommunications Commission (“CRTC”), the Commission, or a court of law, as a direct result of the actions of the other Party (the “Denying Party”) relating to the denial of use to a third party of any part of the Distribution System, then the Denying Party shall pay all reasonable and necessary legal costs incurred by the other Party that are directly related to any such regulatory or judicial proceeding.
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Compensation for Costs. The Companies hereby agree to pay to CIT, on demand, any additional amounts necessary to compensate CIT for any costs incurred by CIT in making any conversions from LIBOR Loans to Chase Bank Rate Loans in accordance with this Section 8.9, including, without limitation, breakage costs provided for in Section 8.10 of this Financing Agreement.
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Compensation for Costs. The Owner agrees to compensate the Municipality for the cost of involvement of the Municipality’s retained legal counsel in the review and preparation of this Agreement on behalf of the Municipality. The Owner shall make payment to the Municipality by cheque or by certified cheque if required by the Municipality, in its discretion, within thirty (30) days of demand being provided in writing by the Municipality.
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Compensation for Costs. The Parties agree that the Processor is entitled to reimbursement from the Controller for reasonable costs associated with providing cooperation.
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Compensation for Costs. 3.1 Compensation for costs will only occur for expenses outlined in the EMERGENCY FIRST RESPONSE TEAM GUIDELINES and must be Pre- Approved by DSB.
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Compensation for Costs. The Customer must compensate Transpower for: 7.1.1 the Customer Network Service Costs; 7.1.2 a share (A) of the Overhead Network Service Costs, calculated as follows: where: B = $12,000, adjusted annually after the first year by the annual percentage change in the all groups Consumers Price Index published by Statistics New Zealand; C = the Overhead Network Service Costs for the relevant year; and D = the total number of Asset Owners to whom Transpower provides the Network Service at the end of the relevant year; 7.1.3 Transpower’s reasonable internal and external costs of changing the Transpower Interface Assets as a direct result of any Customer Change that does not comply with the SCADA Interface Assets Design Standards; 7.1.4 Transpower’s reasonable internal and external costs incurred as a direct result of any Untested Change Commission Failure; and 7.1.5 any termination charge for a third party component of the Network Service incurred by Transpower as a direct result of a Customer Change or the termination of this Agreement by Transpower under clause 2.2 or the Customer under clause 2.3.
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Compensation for Costs. Each party attends to his or her costs. No compensation is paid to either party.
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Related to Compensation for Costs

  • Compensation for Damages (1) If the Principal has disqualified the Bidder(s) from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent to ▇▇▇▇▇▇▇ Money Deposit/Bid Security. (2) If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to Section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages of the Contract value or the amount equivalent to Performance Bank Guarantee.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

  • Compensation for Basic Services 6.1.1 Compensation for Basic Services as described in Section 3.1 and 3.2 shall be as set forth in Article 11.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Compensation for Losses Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: (a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); (b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 10.13; including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.